The Big Tether Short

[deaddog]

Bitcoin and cryptos people have all the freedom to go anywhere in the world if their place of residence is not suitable, i.e. breakdown of society

Why are you assuming the internet will still function?

 

[Sprout]

Why are you assuming the internet will still function?

Doesn't matter, BTC can be sent via radiowaves.

 

[Overnight]

Doesn't matter, BTC can be sent via radiowaves.

That is a very interesting point. And it is true. However, while the information of BTC can be transmitted over the airwaves, it cannot be redeemed there.

 

[johnarb]

Why are you assuming the internet will still function?

I was very specific that only a single nuclear weapon, not a total worldwide nuclear destruction

I can see a country under an authoritarian government like Canada might shutdown all telecommunications companies and put all citizens on house arrest, but most of the world will try to function as normal, until the next event

All the rich and powerful will probably try to get to their bunkers asap

My goal would be to try to get our family to a tropical paradise island like Fiji or something

If it's the end of the world, at least we die in a paradise and go straight to our paradise in heaven

 

[ph1l]

Doesn't matter, BTC can be sent via radiowaves.

And maybe other types of waves soon too.
https://futurism.com/the-byte/microsoft-mine-cryptocurrency-using-your-brain-waves

MICROSOFT WANTS TO MINE CRYPTOCURRENCY USING YOUR BRAIN WAVES
byDAN ROBITZSKI
4. 27. 20
ALPARI/VICTOR TANGERMANN
PROVE YOU ACTUALLY WATCHED AN AD BY SHARING YOUR BRAINWAVES AND YOU'D EARN SOME BITCOIN.
Mind Reading
Microsoft applied for an unusual new patent that would read users’ brainwaves in exchange for cryptocurrency like Bitcoin.

The patent application, which has yet to be granted, describes a system that would scan a user’s brain activity or other biological signals to make sure they completed a task, such as watching a commercial. The system would then use those signals to mine for cryptocurrency like Bitcoin, PC Magazine reports, as a way to compensate the user.

We’ve Seen Worse
The logistics for how such a transaction would occur remain hazy: the application includes details on how such a system’s software may work, but less information on how it would actually be used.

But this wouldn’t be the first time a tech company tried to patent absurd technology — it’s actually a fairly common practice, even though many of the systems described in these patents never get built.

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Biological Captcha
Based on what information is available, the system seems ideal for a system like Mechanical Turk, in which workers complete quick tasks — like helping train AI algorithms — for small sums of money.

The idea there, PC Mag reports, is to make the process of proving that someone actually did the work quick and painless — albeit intrusive — instead of taking up time they could spend on the next job.

 

[Heydrrich]

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